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Behari Lal Engineering Ltd IPO

Listed Mainboard BSE, NSE Bookbuilding IPO
Min Investment
₹14,820
52 shares · 1 lot

Behari Lal Engineering Ltd IPO was priced at ₹271–₹285 per share with an issue size of ₹302 crore. The IPO opened on Aug 12, 2026 and closed on Aug 14, 2026, with a lot size of 52 shares and a minimum investment of ₹14,820.

Open
12 Aug
Close
14 Aug
Allotment
17 Aug
Refund
18 Aug
Listing
19 Aug

Market Sentiment

Grey Market Premium

Full history →
+₹127.00 +44.6%
Est. listing: ₹412
Updated 18 Aug 2026
GMP is an informal, unregulated grey-market figure. It is not a guaranteed listing price and can move sharply during the bidding window.

Live Subscription

All IPOs →
8.47x
Total subscription · 5,62,279 applications
QIB 2.98x
NII (HNI) 11.28x
bNII (> ₹10L) 8.82x
sNII (₹2L - ₹10L) 16.22x
Retail 9.52x
Updated 13 Aug 2026, 5:06 PM

IPO Details

Price Band ₹271.00 - ₹285.00 per share
Lot Size52 shares
Min Investment₹14,820
Total Issue Size ₹302.00 crore
Shares Offered1,05,83,158
Issue Structure Fresh Issue + Offer for Sale
Issue TypeBookbuilding IPO
Lead Manager(s)Emkay Global Financial Services Ltd., Systematix Corporate Services Ltd.
RegistrarMUFG Intime India Pvt.Ltd.
Listing AtBSE, NSE

Quick Profit Calculator

Issue price ₹285 · lot size 52 shares · estimated listing price ₹412 (GMP +₹127)

Category Lots Shares Investment Value at listing Profit
Retail (Min) 1 52 ₹14,820 ₹21,424 +₹6,604
Retail (Max) 13 676 ₹1,92,660 ₹2,78,512 +₹85,852
S-HNI (Min) 14 728 ₹2,07,480 ₹2,99,936 +₹92,456
S-HNI (UPI limit) 33 1,716 ₹4,89,060 ₹7,06,992 +₹2,17,932
S-HNI (Max) 67 3,484 ₹9,92,940 ₹14,35,408 +₹4,42,468
B-HNI (Min) 68 3,536 ₹10,07,760 ₹14,56,832 +₹4,49,072
Estimated from the grey market premium, an informal and unregulated figure that moves sharply and frequently differs from the eventual listing price. Not a forecast. Assumes full allotment, which is rarely guaranteed when an issue is oversubscribed.

Financial Analysis

EPS
₹16.56
P/E (Post)
18.65 x
RoNW
21.12%
RoCE
27.11%
Net Worth
₹306.10 Cr
MetricLatest Reported
Total Income₹546.52 Cr
Profit After Tax₹64.64 Cr
Net Worth₹306.10 Cr

Promoters & Holding

Promoters: Parkash Chand Garg, Rajesh Garg, Dinesh Garg, Lovlish Garg, Bhuvnesh Garg

Promoter Holding (Pre-Issue)390393325%
Promoter Holding (Post-Issue)42302482%

Strengths & Risks

Strengths

  • Long standing relationships with a large number of customers spread across a wide array of end-user industries
  • Diversified product portfolio catering to varied application industries
  • Strategically located Manufacturing Facilities with advanced equipment and robust overlapping processes
  • Experienced promoters and management team
  • Track record of financial performance and consistent growth

Risks & Concerns

  • Dependence on a limited number of customers for a significant portion of revenue
  • Fluctuations in raw material prices
  • Competition from other manufacturers in the industry
  • Economic downturns affecting demand for products
  • Regulatory changes impacting operations
Summarised from the company's own DRHP/RHP disclosures. Informational only, not investment advice — always read the full prospectus before applying.

Company Information

Behari Lal Engineering Ltd. is an integrated iron and steel manufacturing company specialising in customised engineering solutions.

Founded1995
HeadquartersMandi Gobindgarh, Punjab
IndustryIron and Steel
Websitehttps://www.beharilalengineer/

Objects of the Issue

  • Funding capital expenditure requirement for purchase and installation of new equipment / machinery (including computers, printers and computer peripherals) along with civil work for such installation at Manufacturing Facility 1
  • purchase and installation of new roof-top solar panels at Manufacturing Facility 1
  • purchase and installation of new equipment / machinery along with civil work for such installation at Manufacturing Facility 2
  • purchase and installation of new roof-top solar panels at Manufacturing Facility 2
  • Repayment and/ or pre-payment, in full or part, of certain borrowings availed by the Company
  • General Corporate Purposes

Registrar & Allotment

RegistrarMUFG Intime India Pvt.Ltd.
Phone022-49186000
Email[email protected]

Resources & Documents

Frequently Asked Questions

11 answers about Behari Lal Engineering Ltd IPO — dates, pricing, allotment and listing.

Behari Lal Engineering Ltd IPO is a bookbuilding ipo of ₹302 crore. The issue was priced at ₹271–₹285 per share, with a lot size of 52 shares. Bidding ran from Wed, 12 Aug 2026 to Fri, 14 Aug 2026, with shares listed on BSE and NSE.

The price band was ₹271–₹285 per share.

One lot was 52 shares. Bids had to be placed in multiples of 52.

A retail investor needed at least ₹14,820 – one lot of 52 shares at ₹285, the upper end of the price band.

Behari Lal Engineering Ltd IPO opened on Wed, 12 Aug 2026 and closed on Fri, 14 Aug 2026.

Allotment was finalised on Mon, 17 Aug 2026.

Behari Lal Engineering Ltd shares were listed on Wed, 19 Aug 2026 on BSE and NSE.

The company intended to use the net proceeds towards funding capital expenditure requirement for purchase and installation of new equipment / machinery (including computers, printers and computer peripherals) along with civil work for such installation at manufacturing facility 1, purchase and installation of new roof-top solar panels at manufacturing facility 1, purchase and installation of new equipment / machinery along with civil work for such installation at manufacturing facility 2, purchase and installation of new roof-top solar panels at manufacturing facility 2, repayment and/ or pre-payment, in full or part, of certain borrowings availed by the company and general corporate purposes.

Emkay Global Financial Services Ltd. and Systematix Corporate Services Ltd. are the book running lead managers. MUFG Intime India Pvt.Ltd is the registrar to the issue.

Category-wise demand from retail, NII and QIB bidders is on the Behari Lal Engineering Ltd IPO subscription page, and on the BSE and NSE websites.

From Mon, 17 Aug 2026, check the Behari Lal Engineering Ltd IPO allotment status using your PAN, application number or DP ID – also available on the registrar's website.